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Listed by: Miguel Briones (760) 844-7500 DRE #01705617, Issac Briones DRE #02180608 | HomeSmart (760) 844-7500
$850,000
Monthly Est:$4,231
7 Beds
5 Baths
4,442sqft
29395 Avenida La Paz, Cathedral City, CA 92234
$850,000
$4,231/moEst:
Get Pre-Approved
Multi Family
Built in 1990
$-- HOA
8,276 sqft lot
$191/sq.ft
Description
Rare opportunity to own a vacant triplex at 29395 Avenida La Paz in Cathedral City delivered vacant and ready to rent at current market rates from day one! Unit mix includes two 3BD/2BA units and one 2BD/1BA unit with a bonus room, plus two separate 2-car garages adding tremendous tenant appeal. With strong rental demand across the Coachella Valley, the 3BD/2BA units have a rental potential of $2,500$3,500/month each and the 2BD/1BA with bonus room commanding $1,500$2,300/month this property has a potential gross monthly income of $6,500$10,300/month. Perfect for the seasoned investor looking to add a cash flowing asset to their portfolio, a first time investor ready to get into the market, or an owner-occupant looking to live in one unit while the other two units pay the mortgage. No inherited leases, no tenant transitions just close and start generating income immediately. Strong rental demand, rising rents, and a centrally located Coachella Valley address make this a compelling opportunity that will not last long.
- Houzeo last checked: 21 minutes ago
- Listing updated: August 29, 2026 at 6:52 pm
- Source: California Regional MLS-CA | MLS#: 26636901PS
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1990
HOA Fees
-
Finished Area
4,442 sqft
Lot Size
8,276 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26636901PS
MLS Status
Pending
Days on Market
266
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Interior
Cooling
Central Air
Heating
Central
Utilities & Energy
Parking Features
Door Multi, Driveway, Garage
Price History
| Date | Event | Price |
|---|---|---|
08/27/2026 Source: | Pending | $850,000 $191/sqft |
01/07/2026 Source: | Listed for Sale | $850,000 $191/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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